Business
Europe: Shares resume selloff as trade war escalates; healthcare slumps
EUROPEAN shares tumbled further on Wednesday as China more than doubled its tariffs on US imports, with healthcare stocks leading declines…
Tag
war
Politics
Trump Defends Tariff Strategy Amid Global Trade War and Market Chaos
As new U.S. tariffs upended financial markets and sent foreign governments scrambling to respond, President Trump on Wednesday morning…
Politics
Trump pauses most global tariffs for 90 days, but escalates trade war with China
WASHINGTON — President Trump partially backed down Wednesday on his plan to hike tariffs on countries around the world, with the exception…
Business
Delta Warns Trump’s Trade War Could Lead to a Recession
Delta Air Lines on Wednesday became one of the largest American companies to warn that President Trump’s escalating trade war was weighing…
Business
China engineers orderly yuan drop as trade war threatens growth
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the…
News
Asia: Equities resume selloff as Trump cranks up trade war
Equities and oil plunged again on Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 per…
Business
China drives record gold ETF inflows as trade war deepens
Chinese investors funnelled a record amount of cash into gold-backed exchange-traded funds (ETFs) last week, drawn by the safety of the…
Business
Gold eases as Treasury yields climb; trade war in focus
Gold prices eased on Wednesday (Apr 9) as US Treasury yields ticked higher, while anxious investors monitored the escalating trade war…
Business
Oil settles down US$1 at four-year low as US-China trade war escalates
Oil prices settled down more than US$1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a…
News
UN: Nearly 13,000 civilians killed in Ukraine since start of war
The United Nations estimates that about 13,000 civilians have been killed since the start of the war in Ukraine, UN emergency relief…
Business
Wall Street braces for souring corporate earnings amid trade war
US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings.…
Politics
Congress Should End Trump’s Trade War
It was no accident that the Founders placed the power to tax, tariff, and legislate in the hands of the legislature. Source link
News
Oil prices sink to 2021 lows as tariff war fans recession fears
Crude oil prices have plunged to their lowest levels since 2021, when Covid curbs hurt business activity, amid an escalating tariff crisis…
Politics
Would Donald Trump defend Taiwan?
China's latest round of military drills around Taiwan has once again drawn attention to one of the most consequential unknowns in global…
Politics
China’s farm sector buckles up for tariffs as trade war worsens
Chinese tariffs on US agricultural goods will test the farm sectors of both nations. China’s swift retaliation in matching Washington’s…
Politics
Gold prices recover as trade war tensions lift safe-haven demand
Gold prices edged higher on Tuesday (Apr 8) from a near four-week low reached in the previous session, as heightened concerns over the…
Politics
Supreme Court upholds Trump's war power to deport Venezuelan gang members
WASHINGTON — The Supreme Court ruled Monday the Trump administration may use a wartime law to deport alleged members of a foreign crime…
News
The Grand Strategic Folly of a War on Trade
America was born as a maritime nation and grew to become a hegemon. Our grand strategy can’t and shouldn’t aim at isolation. Source link
Politics
Trump’s War on Law Firms Goes Too Far
We should not wish to live under government by executive vendetta that threatens to close entire businesses. Source link
Business
Trump’s Trade War Raises Bar for Fed Rate Cuts
President Trump’s global trade war has significantly raised the bar for the Federal Reserve to lower interest rates, as tariffs risk…
Business
European shares plummet to 16-month low on trade war gloom
[berlin] European shares plunged to a 16-month low on Monday (Apr 7) as investors grappled with the possibility of a recession after US…
Politics
Yuan devaluation market chatter grows as trade war worsens
The deepening trade war is raising speculation in financial markets that China may resort to aggressively devaluing the yuan against the…
Business
Oil prices extend losses on fears global trade war could slow economy
Oil prices fell more than 3 per cent on Monday, extending losses from the previous week, on growing concerns that a global trade war could…
Politics
The U.S. has revoked visas for South Sudanese while civil war threatens at home
The United States once cheered the creation of South Sudan as an independent nation. Now the Trump administration has abruptly revoked the…